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California  + Orange County  + Apartments  | 

JPI Hosts Multifamily Market Roundtable

Multifamily developer JPI recently hosted a roundtable with industry experts in Irvine. The panel included Payton Mayes, CEO of JPI; Jay Parsons, SVP of RealPage; Chris Porter, SVP of John Burns Research and Consulting; Rachel Parsons, senior managing director of Berkadia; Jon Tarnow, senior client executive of JPMorgan Chase; Dylan Feik, city manager for the City of Monrovia; and moderator Isabel Sami, lead real estate journalist at LA Business First.

The panel gathered to discuss the following topics as they relate to both national and Southern California multifamily markets: economics, demographics, development/construction, brokerage, banking and city government.

“From a new deal perspective – land opportunities, etc. – I think we are seeing the same amount of deal flow that we usually do, but the bid-ask spreads are a little wider because some land sellers haven’t adjusted their expectations with the realities of today’s capital markets landscape, said Mayes.  “We’re seeing more deal flow from some developers that have land tied up, but they can’t get capitalized, so there are opportunities.

Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with Connect Healthcare Real Estate on Sept. 27 and 28. Click here to register for Connect Orange County, and here to register for Connect Healthcare Real Estate.   


Inside The Story


About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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